{"id":115118,"date":"2020-03-25T00:08:26","date_gmt":"2020-03-24T17:08:26","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-closings-at-risk-as-coronavirus-shutters-title-and-recording-offices\/"},"modified":"2020-03-25T01:03:46","modified_gmt":"2020-03-24T18:03:46","slug":"mortgage-closings-at-risk-as-coronavirus-shutters-title-and-recording-offices","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-closings-at-risk-as-coronavirus-shutters-title-and-recording-offices\/","title":{"rendered":"Mortgage closings at risk as coronavirus shutters title and recording offices"},"content":{"rendered":"


\nNot even a month ago, thousands of borrowers were rushing to take advantage of record-low mortgage rates. Refinance applications soared over 400% annually, and home buyers were out early and in force. But now some of those loans are stuck in limbo, as the in-person closing process is disrupted.
\n
\nSource : cnbc.com
\nRead more…Mortgage closings at risk as coronavirus shutters title and recording offices<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Not even a month ago, thousands of borrowers were rushing to take advantage of record-low...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-115118","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-tWK","jetpack-related-posts":[{"id":137338,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-mortgage-turmoil-continues-as-santander-pulls-deals-for-new-borrowers\/","url_meta":{"origin":115118,"position":0},"title":"UK mortgage turmoil continues as Santander pulls deals for new borrowers","date":"June 12, 2023","format":false,"excerpt":"\r Move follows decision by HSBC and applies to brokers and online applications as lenders hike fixed ratesSantander is the latest major bank to announce it is temporarily pulling its mortgage deals for new borrowers off sale as the turmoil in the home loans market shows no signs of abating.Days\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":111006,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/low-mortgage-rates-higher-incomes-drive-us-pre-owned-home-sales-to-highest-in-more-than-a-year\/","url_meta":{"origin":115118,"position":1},"title":"Low mortgage rates, higher incomes drive US pre-owned home sales to highest in more than a year","date":"September 23, 2019","format":false,"excerpt":"\r Sales of previously owned US homes rose in August to the highest in more than a year amid lower borrowing costs and sustained income gains, adding to signs the housing market is breaking out of a slump.Contract closings rose 1.3 per cent from the prior month to a 5.49\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120362,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/from-the-self-employed-to-those-on-furlough-what-are-the-mortgage-options\/","url_meta":{"origin":115118,"position":2},"title":"From the self-employed to those on furlough, what are the mortgage options?","date":"February 13, 2021","format":false,"excerpt":"\r Number of new deals has risen but rates and terms for different categories of borrower varyThe mortgage world is increasingly being split into winners and losers, with borrowers who are perceived as low-risk being offered some of the lowest rates on record, and the self-employed and those who are\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115440,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-industry-sounds-alarm-over-coronavirus-mortgage-bailout\/","url_meta":{"origin":115118,"position":3},"title":"Mortgage industry sounds alarm over coronavirus mortgage bailout","date":"April 7, 2020","format":false,"excerpt":"\r CNBC's Diana Olick reports on mortgage and finance leaders putting out an urgent liquidity plea to federal regulators as they try to brace for fallout from the coronavirus pandemic. Dave Stevens, former FHA commissioner, joins the conversation.\r \r Source : cnbc.com\r Read more...Mortgage industry sounds alarm over coronavirus mortgage\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114226,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mini-mortgage-refinance-boom-continues-as-coronavirus-keeps-rates-low\/","url_meta":{"origin":115118,"position":4},"title":"Mini-mortgage refinance boom continues as coronavirus keeps rates low","date":"February 12, 2020","format":false,"excerpt":"\r Mortgage lenders were busy last week, but mostly with current homeowners looking to take advantage of low mortgage rates. Total mortgage application volume increased 1.1% compared with the previous week, according to the Mortgage Bankers Association's seasonally adjusted index.\r \r Source : cnbc.com\r Read more...Mini-mortgage refinance boom continues as\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":116399,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/coronavirus-homeowners-in-mortgage-forbearance-rise-but-pace-slows\/","url_meta":{"origin":115118,"position":5},"title":"Coronavirus: Homeowners in mortgage forbearance rise, but pace slows","date":"May 15, 2020","format":false,"excerpt":"\r CNBC's Diana Olick reports the latest information on the number of mortgage loans in forbearance amid the coronavirus pandemic.\r \r Source : cnbc.com\r Read more...Coronavirus: Homeowners in mortgage forbearance rise, but pace slows","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/115118"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=115118"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/115118\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=115118"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=115118"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=115118"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}